Tag: regulatory approval
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China Yuchai Announces Equity Acquisition of Nanyue Diankong (Hengyang) Industrial Technology
Overview of the Transaction China Yuchai International Limited (NYSE: CYD) has announced an equity acquisition involving Nanyue Diankong (Hengyang) Industrial Technology. The transaction marks a strategic step for China Yuchai as it expands its footprint in advanced powertrain components and related industrial technologies. The deal underscores the company’s commitment to strengthening its capabilities in engineering,…
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First Atlantic Bank Expands to Liberia: A Step Toward a Global Banking Footprint
First Atlantic Bank Secures Liberia Regulatory Approval First Atlantic Bank PLC (FAB) has secured regulatory clearance to operate in Liberia, marking a pivotal milestone in its ambition to become a truly global bank. The approval signals a major expansion for FAB as it moves to extend its footprint across West Africa and beyond, bringing its…
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First Atlantic Bank Secures Liberia Expansion Approval
First Atlantic Bank Advances Global Expansion with Liberia Approval First Atlantic Bank PLC (FAB) has cleared a critical hurdle in its bid to become a global financial player. The bank announced that it has secured regulatory approval to operate in Liberia, marking a major milestone in its expansion strategy across West Africa and beyond. This…
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First Atlantic Bank Secures Regulatory Approval to Operate in Liberia
Overview: FAB’s Milestone in Liberia First Atlantic Bank PLC (FAB) has secured regulatory approval to operate in Liberia, marking a pivotal milestone in its ambitious plan to become a truly global bank with a robust presence across West Africa. The authorization comes after a rigorous due diligence process, aligning FAB’s strategic objectives with Liberia’s financial…
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Dutch Regulator Approves One Trading’s 24/7 Equity Perpetuals
Groundbreaking Move: 24/7 Equity Perpetuals Get Regulatory Green Light Amsterdam-based trading platform One Trading has secured an extension to its license, allowing it to offer 24/7 perpetual futures on equities. The approval from the Dutch Authority for the Financial Markets (AFM) marks a notable milestone in regulated finance, positioning One Trading at the forefront of…
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Dutch Regulator Backs One Trading’s 24/7 Equity Perpetuals Market
Regulatory Milestone: A 24/7 Equity Perpetuals Market The Amsterdam-based fintech and venue operator One Trading has secured an important regulatory extension that clears the path for 24/7 perpetual futures on equities. This marks what the company describes as the first-ever occurrence of a fully continuous, exchange-like market for equity perpetuals within a regulated financial framework.…
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Mabwell Adalimumab Biosimilar Approved in Indonesia, Expands Southeast Asia Reach
Overview: Mabwell’s Adalimumab Biosimilar Gains Indonesian Marketing Approval Mabwell, a Shanghai-based biopharmaceutical company renowned for its integrated development-to-manufacturing approach, has secured marketing approval in Indonesia for its Adalimumab Injection 9MW0113, marketed as JUNMAIKANG in China. The green light from Indonesian regulators marks a significant milestone for Mabwell’s global expansion and for patients in Southeast Asia…
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Pakistan Grants Phase-I Approval for International Investment Limited to Acquire Novartis Pharma Pakistan
Regulatory Approval Marks Milestone in Pakistan’s Pharma Sector The Competition Commission of Pakistan (CCP) has granted Phase-I clearance for the acquisition of Novartis Pharma (Pakistan) Limited by International Investment Limited (IIL). This decision, announced after a thorough competition assessment under Section 11, signals a significant development for the pharmaceutical landscape in Pakistan and the broader…
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Kerry Stokes to retire as Seven West chair after merger deal
Stokes to retire as Seven West chair after merger deal Kerry Stokes, the billionaire chair of Seven West Media, has signalled that he will step down as chair if the proposed merger with Southern Cross Media proceeds. The move would cap a long era of influence for Stokes, who has steered the group since taking…